Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.26 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against Variational Omni+0.211%7-day average −0.034% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.008%+$1 on $10k
+Price spread, last 7 days−0.188%−$19 · spread now +0.211%, 7d avg −0.034%
=Together, before fees−0.180%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.245% dearer against Variational Omni than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ARB | 0.2292 | −0.0182 | get 0.0182% / 8h | 50m 14s | $1.9M | $2.7M | — |
| Short | Bybit ARBUSDT | 0.2297 | −0.0155 | pay 0.0155% / 8h | 50m 14s | $59.3M | $129.0M | 50x |
Variational Omni ARB
Bybit ARBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.53
- Price spread: +0.211% → −0.034%
- $24.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $19.04
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bybit: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 4 min ago | 6.62 bp | doesn't fit | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.22 bp | 9.9 bp −$10 | 19.2 bp −$192 | 49.8 bp −$4,978 | doesn't fit |
ARB on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1785% | 1h | 0.2272 | −0.875% | $41K | $372K | 12x | as long as short |
| Variational Omni ARBlong | −0.0182% | 8h | 0.2292 | long leg | $1.9M | $2.7M | — | |
| Polymarket Perps ARB-USD | −0.0181% | 1h | 0.2295 | +0.111% | $80K | $2.0M | 10x | as long as short |
| 01 Exchange ARBUSD | −0.0168% | 1h | 0.2296 | +0.194% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDTshort | −0.0155% | 8h | 0.2297 | +0.211% | $59.3M | $129.0M | 50x | |
| OKX ARB-USDT-SWAP | −0.0103% | 8h | 0.2296 | +0.163% | $23.2M | $162.3M | 50x | as long as short |
| MEXC ARB_USDT | −0.0101% | 8h | 0.2297 | +0.215% | $38.4M | $59.3M | 200x | as long as short |
| Orderly PERP_ARB_USDC | −0.0041% | 8h | 0.2295 | +0.128% | $13K | $398K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2300 | +0.337% | $68K | $4K | 10x | as long as short |
| Extended ARB-USD | 0.0000% | 1h | 0.2294 | +0.088% | $365K | $2.3M | 25x | as long as short |
Injective ARB/USDC PERP
Polymarket Perps ARB-USD
01 Exchange ARBUSD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Orderly PERP_ARB_USDC
dYdX ARB-USD
Extended ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | 0.0000% | 1h | 0.2297 | +0.215% | $26K | $32K | 25x | as long as short |
| Binance ARBUSDT | +0.0004% | 8h | 0.2297 | +0.228% | $66.3M | $314.4M | 75x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2296 | +0.188% | $57K | — | 150x | as long as short |
| BloFin ARB-USDT | +0.0016% | 8h | 0.2296 | +0.194% | $3.1M | $2.8M | 75x | as long as short |
| SoDEX ARB-USD | +0.0017% | 1h | 0.2296 | +0.185% | $4K | $2.6M | 5x | as long as short |
| Gate ARB_USDT | +0.0034% | 8h | 0.2298 | +0.242% | $5.5M | $20.0M | 60x | as long as short |
| BingX ARB-USDC | +0.0067% | 8h | 0.2295 | +0.128% | — | $6.5M | — | as long as short |
| Bitget ARBUSDT | +0.0068% | 8h | 0.2296 | +0.172% | $21.8M | $36.6M | 50x | as long as short |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2297 | +0.215% | $150K | $12K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2298 | +0.268% | $1.4M | $7.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2300 | +0.364% | $41.7M | $47.8M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2297 | +0.209% | $715K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2299 | +0.303% | $47K | $193K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2298 | +0.246% | $20.1M | $16.4M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2269 | −1.004% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2270 | −0.963% | $493K | $3.7M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2284 | −0.352% | $123K | $295K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2300 | +0.346% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2296 | +0.167% | $294K | $1.1M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2296 | +0.172% | $5.3M | $13.3M | 50x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0216% | 1h | 0.2301 | +0.390% | $517K | $2.3M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | +0.0233% | 1h | 0.2298 | +0.248% | $1.2M | $4.9M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0274% / S −0.0157% | 1h | 0.2296 | +0.191% | $860K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0290% | 1h | 0.2294 | +0.103% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0330% | 1h | 0.2299 | +0.303% | $506K | $2.7M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0593% | 1h | 0.2300 | +0.346% | $908K | $2.8M | 20x | as long as short |
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
gTrade (Gains Network) ARB/USD
BloFin ARB-USDT
SoDEX ARB-USD
Gate ARB_USDT
BingX ARB-USDC
Bitget ARBUSDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
Coinbase International ARB-PERP-INTX
Kraken Futures PF_ARBUSD
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
RISEx ARB/USDC
Backpack ARB_USDC_PERP